Explain about pricing procedure

Question

Accepted Answer

Pricing procedure is a set of condition types that determine the price of a product or service in SAP SD module.

Pricing procedure is used to calculate the final price of a product or service in SAP SD module.
It consists of condition types that are used to determine the price based on various factors such as quantity, discounts, taxes, etc.
Each pricing procedure is assigned to a sales document type and is determined based on the customer, material, and sales area.
Example: A pricing procedure for a product can include condition types such as base price, quantity discount, tax, freight, etc.
The pricing procedure can be customized to meet the specific pricing requirements of a company.

Accepted Answer

It is a procedure to consists of all Relevant condition type, which are placed in a sequence. Pricing procedure is helps to determine value in sales order. T- code is (OVKK)

Explain about pricing procedure

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